Amilpar - Operating Revenues Grew 9% in the Second Quarter and 11% in the First Half of 2009

Share

RIO DE JANEIRO, Aug. 11 Amilpar (BOVESPA: AMIL3, Bloomberg: AMIL3 BZ and Reuters: AMIL3.SA), the largest managed care organization in Brazil, announced today its results for the second quarter of 2009.

Highlights:

To access the Earnings Release full version visit our website at www.amilpar.com.br/ir

Next Events: Conference Calls

About AmilPar

Amil Participacoes S.A. is the largest managed care organization in Brazil, according to the ANS, currently assisting over 3 million beneficiaries in the states of Sao Paulo, Rio de Janeiro, Parana and the Distrito Federal.

-- Total membership stood at 3.14 million at the end of June 2009, 3.7% up on the 2Q08 and approximately 1% higher than the 1Q09. -- Adjusted Operating Revenues totaled R$ 1,190.4 million in the 2Q09, 9.0% up year-on-year and 5.3% higher than the previous quarter. In the first six months, adjusted operating revenues came to R$ 2,321.3 million, 11.1% increase over last year. -- Adjusted EBITDA came to R$ 70.3 million in the 2Q09 (6.0% margin) and R$ 189.8 million in the 1H09 (8.2% margin). -- The Medical Loss Ratio for healthplan membership was 69.3% in the 2Q09, (66.6% in the 2Q08) and 66.6% in the first half (66.2% in the 1H08). -- The Company posted an adjusted Net Income of R$ 39.8 million in the 2Q09, 49.6% down year-on-year, and R$ 118.6 million in the 1H09, 29.7% less than the same period last year. -- Net Cash (cash and cash equivalents less financial debt) closed June 2009 at R$ 1,029.3 million.

Your comments are automatically posted once they are submitted. All comments are however constantly reviewed for spam and irrelevant material (such as product or personal advertisements, email addresses, telephone numbers and website address). Such insertions do not conform to our policy and 'Terms of Use' and are either deleted or edited and republished.Please keep your comments brief and relevant.This section may also have questions seeking help. If you have the information you are welcome to respond, but please ensure that the information so provided is genuine and not misleading.

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment.Full Disclaimer